What is Butter?

Butter appears to be a decentralized cryptocurrency exchange (DEX) that facilitates trading of the BUTTER token and potentially other cryptocurrencies. It is a new decentralized exchange platform focused on providing an improved trading experience for crypto traders.

Butter real time data

As of July 1, 2025, there are 39 trading pairs on Butter DEX. The TVL (total value locked) is $85,651.05, with a trading volume of $289.55 in 49 transactions with in the past 24 hours.

Frequently Asked Questions

What is Butter?

Butter (Butter Swap) is a decentralized exchange built on the Mantle Layer‑2 network, offering fast, low‑fee token swaps through a Uniswap V3–style AMM with concentrated liquidity. It’s part of the larger Butter.xyz ecosystem, which also includes a perps platform.

What are the trading fees on Butter?

Butter charges a 0.30% fee per swap. These fees primarily go to liquidity providers and support protocol tokenomics like buybacks and burns. Gas fees on Mantle also apply. Based on its TVL (~ $62k) and annualized fees (~ $634), Butter Swap is designed to be cost-effective yet sustainable.

What is the main feature of Butter?

Butter’s standout feature is its Uniswap V3–style concentrated liquidity model, allowing LPs to set custom price ranges and optimize capital efficiency. Combine that with Mantle’s low gas and quick finality, and users benefit from deep liquidity, tighter spreads, and smoother trading.

Is Butter secure?

Butter Swap uses open-source, audited smart contracts based on the trusted Uniswap V3 model, and runs atop Mantle’s secure Layer‑2 infrastructure. While no major exploits have been reported, users are advised to verify contract addresses and approach new pools cautiously.